Gov. Bev Perdue announced Thursday that Greenheck Fan Corp., a Wisconsin-based manufacturer of ventilation equipment, is expected to create 62 jobs and invest $7.8 million in Kings Mountain during the next three years.
The corporation employs more than 50 people at its manufacturing facility in Cleveland County and will establish another manufacturing operation in a new building next to that facility, according to a state news release.
The project will be partially funded by a $150,000 grant from the One North Carolina Fund, which was established to attract business projects that create jobs. But Greenheck must meet annual thresholds for job creation and investment performance before receiving funding. Another qualification for the grant is getting a local government to match the funding, which the company received from Cleveland County.
Forty-five percent of the companys sales ship to the eastern U.S., so the move creates an opportunity for Greenheck to cut costs, according to the release.
Although salaries might vary, the average annual wage for the new positions is expected to be $31,985, along with benefits, the release stated.
In the release, Perdue said, Our states highly skilled workforce and strong business climate continue to attract advanced manufacturers like Greenheck. We must continue to support education and job training programs in order for North Carolina to compete in this global economy.